The Ponzi-style “click on a button” app FocuStar has failed.
Each of FocuStar’s web site domains have been inactive as of about 48 hours in the past.
Though feedback are restricted, FocuStar’s official YouTube channel continues to be accessible.
Stories of withdrawal issues have been acquired previous to the elimination of FocuStar’s web sites.
In keeping with us, FocuStar started requiring associates to seek out new traders. Any withdrawal requests made by an affiliate have been then turned down, no matter what number of new victims that they had introduced in.
FocuStar not too long ago sponsored funding promotions, which is a normal observe amongst MLM crypto Ponzis.
Traders are promised bonus credit score on their investments in these applications.
The “click on a button” app is a Ponzi scheme FocuStar is part of the primary to seem in late 2021.
The vast majority of scams are began with totally different ploys to entice traders and final just a few weeks to a couple months till they collapse.
Like each Ponzi scheme, the longevity of a “click on a button” Ponzi relies on how efficiently it takes off within the goal markets.
FocuStar focused Venezuela, Spain, Germany, India, Mexico, and Greece as the primary international locations.
The bulk, if not all, of the “click on a button” Ponzi schemes are regarded as operated by con artists in China.
Fortunately, the unfold of “click on a button” Ponzis has slowed as losses enhance and public data of them rises. However, just a few are nonetheless current (and little doubt extra shall be launched to beat a useless horse).
BLQ Soccer is the most important “click on a button” app Ponzi scheme I am conscious of proper now.
BLQ Soccer’s preliminary objective was to deliver soccer to Uganda.However even though recruiting continues to be rampant in Uganda, I consider BLQ Soccer made a mistake.
For just a few months, BLQ Soccer was anticipated to plunder Uganda earlier than crumbling. Consequently, between July and August, BLQ soccer recruiting in Uganda considerably decreased.
Nevertheless, BLQ Soccer investor recruitment has blossomed throughout China as a replacement.
China is the one nation that “click on a button” Ponzi scammers have not but focused. Concentrating on Chinese language customers is a dangerous recreation as a result of the scammers are located in south-east China (it is unlikely that they’re operating their operations from mainland China).
Chinese language authorities will readily flip a blind eye to worldwide fraud much like different prison haven jurisdictions. However when neighborhood complaints begin pouring in, issues flip harmful.
It doesn’t matter what transpires or how lengthy BLQ Soccer in the end runs, we do know that, like FocuStar, the overwhelming majority of traders lose cash, and there’s no sufferer restoration.